28 June 2010 External T.I. 2010-0362391E5 F - Revenus de récompenses -- summary under Paragraph 56(1)(n)

Must a music student include awards received for entries in various music competitions? CRA responded:

Since the awards described in the particular situation would be awards for outstanding achievement in a field of endeavour ordinarily carried on by the taxpayer, such awards would therefore be required to be included in the taxpayer's income under paragraph 56(1)(n), unless they are considered to be awards described in section 7700 of the Regulations.

Whether an award is covered by section 7700 of the Regulations is, however, a question of fact ... .

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